Course: Incoterms in Customs and International Trade
Tue, Jan 31
|Virtual Training Event
This training will introduce participants to INCOTERMS 2020 and discuss the reasons for their significance in the corporate world. (Course ID: MC8)
Time & Location
Jan 31, 2023, 9:00 AM GMT – Feb 01, 2023, 1:00 PM GMT
Virtual Training Event
Guests
About the event
Course ID: MC 8
This training is a Course for the Diploma in Customs Competencies. It can also be studied as a stand-alone training course.
See here for information about our approach to education and training.
Incoterms are vital as the number of goods traded between nations continues to rise in the years to come.
The International Chamber of Commerce's guidelines for international commercial terminology (known as INCOTERMS®) provides a useful framework for this (ICC). The standards established by INCOTERMS® govern the transfer of products from one party to another, including the packaging, shipping, and insurance of such commodities. Only until businesses have a firm grasp on how to use the INCOTERMS® regulations will they be able to effectively utilise them to transfer costs and liabilities connected with exporting, importing, and shipping and prevent problems in the future. By outlining each party's duties in the delivery of products, INCOTERMS® reduce…